PRIME NEW LISTING. We are excited to present this unique commercial opportunity, operating as a Dance Studio Turnkey Investment Opportunity located within a prime location in Lochgelly.
This opportunity is sure to appeal to commercial investors looking for rare premises with exceptional high-yield potential and long-term occupants (4+ years) in a thriving area.
The property benefits from high passing footfall, with proximity to many local facilities and amenities.
The property is being offered at a fantastic discount to ensure a sale and should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Location
Lochgelly is a charming town in Fife, Scotland, known for its rich history and vibrant community. With excellent transport links and proximity to local amenities, it offers an ideal setting for businesses and residents alike.
Accommodation
The property comprises approximately 1,216.32 sq ft of versatile commercial space, currently operating as a dance studio.
Terms
Guide Price: £79,000
With a current rental income of £850 per month (£10,200 per annum), this property represents an outstanding opportunity for investors seeking substantial returns, boasting an exceptional gross yield.
From the Assessor’s website, we note the subjects are in the current Valuation Roll with a Rateable Value of £9,500. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.